Brazil

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has delayed the release of its new business plan until the end of 2008 in order to evaluate the potential... 2008-10-20

Brazil's hydrocarbons regulator Agência Nacional do Petróleo (ANP) has withdrawn 32 onshore blocks from the country's 10th licensing round, which is due to be held on December 18... 2008-10-06

Rio de Janeiro-based mining conglomerate Vale do Rio Doce (Vale) has received approval from the Brazilian hydrocarbons agency Agência Nacional do Petróleo (ANP) to acquire a 17.5%... 2008-10-02

Houston-based independent Anadarko Petroleum has announced a discovery in the subsalt layer of the Wahoo prospect in the Campos Basin, offshore Brazil.

Brazilian state-controlled oil company

Brazilian state-controlled oil major Petróleo Brasileiro (Petrobras) will conduct seismic tests for subsalt oil deposits in Angola, according to a company executive.

Brazilian President Luiz Inácio Lula da Silva has warned that the resurrection of the US Navy's Fourth Fleet in Latin America could indicate that Washington covets Brazil's potentially... 2008-09-19

José Sergio Gabrielli, the chief executive of Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras), has said that the company is set to unveil an unprecedented... 2008-09-16

Talks are set to resume on September 15 to resolve a political crisis in Bolivia that has affected gas exports to Brazil and Argentina. Although reported reductions in gas export... 2008-09-15

Brazil's Iara field, which lies in the subsalt layer of the Santos Basin, extends beyond the boundary of its block area, according to a source quoted by Upstream. The possibility... 2008-09-15